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Yearly Archives: 2017


Forex Weekly Updates

GBP/USD WEEKLY OVERVIEW Pound dipped to a two week low on Monday over the Bank of England warning regarding hike in interest rates. Major companies squeezed their investments and consumers observed cautious reaction on their spending policy. Pound traded as …

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India News This Week

YES BANK GETS ANOTHER $150 MN FROM OPIC TO FUND SME LENDING New Delhi, July 13 Private sector Yes Bank has received another round of USD 150 million funding from US government and Wells Fargo to fund SME lending. This …

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Pakistan News

IMF, PAK FAIL TO SEE EYE TO EYE IN ASSESSMENT OF ECONOMY Pakistan and International Monetary Fund (IMF) remained poles apart in their assessment of the country’s economy, as Islamabad took an optimistic view of the external and fiscal sector …

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Shipping News

BALTIC INDEX INCREASES ON HIGHER RATES ACROSS ALL SEGMENTS The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday, helped by higher rates across all vessel segments. The overall index, which factors …

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Commodity News

WORLD OIL HEADS FOR 5PC WEEKLY GAIN Oil prices rose on Friday, as reports of supply issues in Nigeria and a higher forecast for crude demand helped to set prices on track for a fifth straight day of gains and …

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Technology News

PAKISTAN: SAFE CITY PROJECT ALLOCATING TO HUAWEI WILL DO IT AT A TISK OF PROJECTS BEING LEFT: Chairman Consumer Rights Protection Bureau Dr Jamal Mirza has said that American government is expanding investigation into Huawei breaking trade control Laws on …

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Gulf News

GOLD HITS BIGGEST FALL SINCE MARCH Dubai: More bargains await jewellery fans who will hit the shops in Dubai this week, as the bullion remains weak and looks set to tumble further. Gold jewellery prices in Dubai continued to fall …

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Press Releases

Press Releases

YANDEX AND UBER COMBINE RIDESHARING BUSINESSES IN RUSSIA AND OTHER COUNTRIES Yandex and Uber announced last week an agreement to combine their ridesharing businesses in Russia, Kazakhstan, Azerbaijan, Armenia, Belarus and Georgia into a new company (“NewCo”). Uber will also …

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Consumer Price Index

consumer price index

It is one of the best known lagging indicators. The consumer price index expresses the current prices of a basket of goods and services in terms of the prices during the same period in a previous year, to show effect …

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